KUALA LUMPUR, Malaysia - World stock markets were in the red Thursday after strong U.S. economic data renewed fears that the Federal Reserve may start cutting its monetary stimulus this month.
FILE - In this Wednesday, Oct. 23, 2013, file photo, container ships wait to be off loaded in a thick fog in Oakland, Calif. The government reports on the U.S.
WASHINGTON (Reuters) - Top U.S. banks, including Bank of America Corp (BAC.N) and Citigroup Inc (C.N), failed to fully comply with a government settlement to correct mortgage servicing abuses, a monitor of the settlement said on Wednesday.
Frank DiPascali Jr., a top operative in Bernard L. Madoff's securities firm, gave jurors a detailed accounting of the inner workings of the firm's massive Ponzi scheme, including a description of how his boss reacted when handed an example of a forged trading ...
SAN FRANCISCO (AP) - Activist investor Carl Icahn is seeking the support of Apple shareholders as he tries to pressure the iPhone maker into spending more of its cash to buy back the company's stock.